1. Fanny Mae and Freddie Mac are two government entities that were created to assist the smooth operation of mortgage lending business and keep the funding flow. But that is not the case in the recent 2000s financial crisis period whereas they were a part of problems. What went wrong? Compared to many frauds in private entity with economic impact and societal consequences, some frauds which involved with the sponsored units from the government organization may cause another layer of societal and legal consequence. What is your take on this government created issue?